What is offset status in SAP SRD-SRM-SI - SRM-Supplier Invoicing?

SAP Term: offset status

• Component: SRD-SRM-SI

• Component Name: SRM-Supplier Invoicing

• Description: An indicator in a down payment request that shows the stage of processing of the invoice for which the down payment has been made.

Smart SAP Assistant

• Key Concepts: 
  Offset status is a feature in SAP Supplier Invoicing that allows you to offset an invoice against a payment. This means that the invoice amount is deducted from the payment amount, and the remaining balance is paid to the supplier. The offset status can be set to either “Open” or “Closed”. When it is set to “Open”, the invoice can still be offset against a payment. When it is set to “Closed”, the invoice cannot be offset against any payments. 
  
  How to use it: 
  To set the offset status of an invoice, go to the “Invoices” tab in SAP Supplier Invoicing. Select the invoice you want to change and click on the “Offset Status” button. You will then be able to select either “Open” or “Closed” from the drop-down menu. Once you have made your selection, click “Save” to apply the changes. 
  
  Tips & Tricks: 
  It is important to remember that when an invoice is set to “Closed”, it cannot be offset against any payments. Therefore, it is best practice to only set an invoice to “Closed” once you are sure that it will not need to be offset against any payments in the future. 
  
  Related Information: 
  For more information on how to use SAP Supplier Invoicing, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SRM_SUPPLIER_INVOICING/7.5/en-US